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Finance Act 1994

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This is the original version (as it was originally enacted).

26(1)Section 11 of the [1989 c. 26.] Finance Act 1989 (power to make provision for retention of registration marks) shall be amended as follows.

(2)In subsection (2), the following paragraphs shall be inserted after paragraph (i)—

(ia)for allowing a person to be nominated when an application for the grant of a right of retention is made or to be nominated at a later time;

(ib)for allowing a different person to be nominated in place of a person already nominated;

(ic)for the manner in which a nomination is to be made and for the payment of a specified fee where a nomination is made in specified circumstances;.

(3)The following subsection shall be inserted after subsection (3)—

(3ZA)An extension or nomination shall be exempt from a fee payable by virtue of subsection (2)(f) or (ic) above if the Secretary of State considers it appropriate in the circumstances of the case.

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